HUD Handbook 4000.1 IV.D.1.c: Enforceable Note

Document
HUD Handbook 4000.1, FHA Single Family Housing Policy Handbook
Section date
Version in Zeitro Strata
Where
page 1702 of 1872

Page 1702

c. Enforceable Note (05/09/2022)

The Lender must service the Loan in a manner that will preserve the right to collect the Loan. If necessary, a Lender may obtain a Judgment against the Borrower to establish enforceability.

Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.